Letters of guarantee are often a necessary component of international contracts. Understandably, your financial institution needs to collateralize the value of the letters of guarantee they issue on your behalf.
Export Development Canada (EDC) can turn that collateral back into cash for your business with an Account Performance Security Guarantee (APSG).
EDC’s APSG gives you a competitive edge by helping increase your business volumes, protect your profit margins and enhance your creditworthiness.
This infographic, Turn collateral into cash: Fuel your growth with EDC’s Account Performance Security Guarantee (APSG), illustrates how EDC’s APSG can help free up your working capital tied up in letters of guarantee, so you can grow your business.